MoSys (NASDAQ: MOSY), a provider of differentiated, high-density memory and high-speed interface (I/O) intellectual property has acquired MagnaLynx, a developer of high-speed, low-power serial chip-to-chip communications technology.  The total purchase price is expected to be approximately $5.0 million, including a milestone-based earn-out payment in 2011.  This is the second acquisition in a year.  Last June, MoSys acquired Prism Circuits,  a supplier of high data rate parallel and serial interface (I/O) IP, for about $14 to 20 million.  InsideChips estimates that investors spent about $3 million on the company.

The acquisition is expected to result in the following benefits to MoSys:

• Adds innovative low-power SerDes IP, technology and expertise to the expanding MoSys family of product offerings.

• Expands MoSys' serial chip-to-chip communications technology and expertise

• Strengthens MoSys' SerDes capabilities by adding another experienced analog and mixed-signal development team

Founded in Ames, Iowa in 2003, MagnaLynx specializes in high-performance, low-power SerDes design services and IP cores for network communications and high performance computing applications.  For a an earlier company report on MagnaLynx, click here.

Contact:
Len Perham, president and CEO,MoSys, www.mosys.com
Scott Irwin, founder and chairman, MagnaLynx, www.magnalynx.com